Whom We Help

Pre-Retirees

Regardless of how far off retirement may be, we can help you begin planning for the future. We will discuss when you wish to retire and how you picture spending your days after retirement. We focus on your personal goals, which lay the foundation for your financial plan.

Social security and pension income often do not cover all of the costs in retirement. The deficit must be made up from another source of income, such as a portfolio of investments. Based on the size of the deficit, we can determine how large the portfolio may need to be by retirement. Then we can create a savings and investment strategy designed to build the portfolio up to that target level. 

While retirement goals are typically the main focus, they are probably only one of many goals. We can also help you plan for your childrens' college expenses, come up with a debt payment strategy and address any other various budgeting challenges you may have.

 
 

Retirees

Statistically speaking, the average non-smoking couple that retires at 62 should plan for a 30 year long joint retirement. Over that 30 year period, we can expect the cost of living to go up by approximately 250%. This means that retirees will need a growing source of income in retirement. The traditional fixed income strategy that worked in the past is no longer as effective with today's longer life

expectancies.To address this challenge, the investment strategy must be designed to protect your income against the constantly rising cost of living. It also must account for any of the goals you have regarding passing wealth on to the next generation or charity.

We can help you address these challenges along with others, such as social security claiming and/or pension strategies, how to minimize lifetime taxes and the most tax efficient way to pass wealth to the next generation or charity.

Businesses

We help businesses as a 3(38) financial advisor. In plain English, that means we select, monitor, and make changes to the investments in our clients' 401(k) plans for them so they can focus on their core business activities. Additional services include:

  1. Developing an Investment Policy Statement

  2. Educate them about their fiduciary responsibilities 

  3. Help select and monitor plan service providers

  4. Assist in group enrollment meetings

  5. Provide plan participants with general financial education

Learn more about what to expect starting from the first meeting.

 

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Investment Advisory Services offered through Cross State Financial Group LLC - An SEC registered firm.

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